NASDAQ:FAAR First Trust Alternative Absolute Return Strategy ETF - FAAR Price, Holdings, & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding First Trust Alternative Absolute Return Strategy ETF Please log in to your account or sign up in order to add this asset to your watchlist. $29.82 -0.41 (-1.36%) (As of 03/24/2023 08:51 PM ET) Add Share Share Today's Range$29.76▼$30.0150-Day Range$29.70▼$30.5852-Week Range$28.61▼$36.16Volume26,000 shsAverage Volume37,626 shsMarket Capitalization$199.79 millionAssets Under Management$50.47 millionDividend Yield5.80%Net Expense Ratio0.95% ProfileChartDividendInstitutional OwnershipHeadlinesHoldingsShort InterestSocial Media About First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.Read More Receive FAAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Alternative Absolute Return Strategy ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address FAAR ETF News HeadlinesMarch 25, 2023 | msn.comFirst Trust Alternative Absolute Return Strategy ETF declares quarterly distribution of $0.1588January 16, 2023 | finance.yahoo.comAlternative ETF Strategies to Navigate the Challenges AheadMarch 27, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!October 28, 2022 | nasdaq.comFirst Trust Capital Strength Breaks Above 200-Day Moving Average - Bullish for FTCSOctober 20, 2022 | technews.tmcnet.comFirst Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1125 Per Share for NovemberOctober 11, 2022 | cnbc.comThis ETF's focus on total return has made it a rare winner over the past year. Here's how it worksOctober 4, 2022 | cnbc.comThis firm's market-beating ETFs show how alternative strategies are working in 2022September 18, 2022 | cnbc.comAs Treasury yields spike, short-duration ETFs are beating the market and raking in cashMarch 27, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!September 13, 2022 | nasdaq.comETF Prime: Lara Crigger Discusses an ETF Milestone, ARK’s Future, & Inverse Blockchain ExposureSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FAAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Trust Alternative Absolute Return Strategy ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address Fund Details IssuerFirst Trust Fund NameFirst Trust Alternative Absolute Return Strategy ETF Tax ClassificationRegulated Investment Company Stock ExchangeNASDAQCurrent SymbolNASDAQ:FAAR Inception Date5/18/2016 Fund ManagerJohn Gambla, Rob A. Guttschow, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin WebN/A PhoneN/AFund Focus Asset ClassCommodities BenchmarkN/A CategoryAbsolute Returns FocusLong/Short Development LevelBlended Development RegionGlobal Number of Holdings0 Fund Statistics Assets Under Management$50.47 million Average Daily Volume$17,403.50 Discount/Premium0.09% Administrator, Advisor and Custodian AdministratorBrown Brothers Harriman & Co. AdvisorFirst Trust Advisors L.P. CustodianBrown Brothers Harriman & Co. DistributorFirst Trust Portfolios L.P. Transfer AgentBrown Brothers Harriman & Co. TrusteeN/A Lead Market MakerJane Street Miscellaneous Outstanding Shares6,700,000Beta0.11 First Trust Alternative Absolute Return Strategy ETF ExpensesTypeFAARLong/Short ETFsCommodities ETFsNASDAQ ETFsAll ETFsManagement Fee0.95%0.76%0.67%0.45%0.49%Other Expenses0.00%2.19%0.32%0.34%0.55%Total Expense0.95%2.19%0.83%0.55%0.68%Fee Waiver0.00%-2.93%-0.17%-0.33%-0.58%Net Expense0.95%0.95%0.74%0.49%0.56% First Trust Alternative Absolute Return Strategy ETF (FAAR) HoldingsTop 10 FAAR HoldingsFt Cayman Subsidiary IiiHolding Weight: 23.62%Dreyfus Government Cash Mgmt InstlHolding Weight: 16.57%Us DollarsHolding Weight: 8.17%United States Treasury BillsHolding Weight: 7.52%United States Treasury BillsHolding Weight: 7.52%United States Treasury BillsHolding Weight: 7.51%United States Treasury BillsHolding Weight: 7.50%United States Treasury BillsHolding Weight: 6.02%Morgan Stanley Instl Lqudty Trs InstlHolding Weight: 5.52%United States Treasury BillsHolding Weight: 5.02%Full Holdings Details Institutional OwnershipB. Riley Wealth Advisors Inc.Bought 1,552 shares on 3/15/2023Ownership: 0.142%Rockefeller Capital Management L.P.Sold 136,544 shares on 3/6/2023Ownership: 0.169%B. Riley Wealth Advisors Inc.Bought 1,552 shares on 2/21/2023Ownership: 0.142%Coppell Advisory Solutions Corp.Bought 29,523 shares on 2/17/2023Ownership: 0.441%RFG Advisory LLCBought 3,517 shares on 2/16/2023Ownership: 0.197%View All Institutional Transactions FAAR ETF - Frequently Asked Questions How have FAAR shares performed in 2023? First Trust Alternative Absolute Return Strategy ETF's stock was trading at $29.88 at the start of the year. Since then, FAAR stock has decreased by 0.2% and is now trading at $29.82. View the best growth stocks for 2023 here. How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF? First Trust Alternative Absolute Return Strategy ETF declared a quarterly dividend on Thursday, March 23rd. Investors of record on Monday, March 27th will be paid a dividend of $0.159 per share on Friday, March 31st. This represents a $0.64 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Friday, March 24th. Read our dividend analysis for FAAR. What does FAAR invest in? First Trust Alternative Absolute Return Strategy ETF is a commodities fund issued by First Trust. FAAR focuses on long/short investments. The fund's investments total to approximately $50.47 million assets under management. What is the management fee for First Trust Alternative Absolute Return Strategy ETF? First Trust Alternative Absolute Return Strategy ETF's management fee is 0.95% and has no other recorded expenses or fee waivers. The net expense ratio for FAAR is 0.95%. What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI). What is First Trust Alternative Absolute Return Strategy ETF's stock symbol? First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR." Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders? First Trust Alternative Absolute Return Strategy ETF's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (10.50%), LPL Financial LLC (8.04%), Advisor Group Holdings Inc. (5.19%), Kestra Advisory Services LLC (4.85%), AE Wealth Management LLC (4.57%) and Cetera Investment Advisers (3.94%). How do I buy shares of First Trust Alternative Absolute Return Strategy ETF? Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is First Trust Alternative Absolute Return Strategy ETF's stock price today? One share of FAAR stock can currently be purchased for approximately $29.82. How much money does First Trust Alternative Absolute Return Strategy ETF make? First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) has a market capitalization of $199.79 million. This page (NASDAQ:FAAR) was last updated on 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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